tomo logo

$575,000

Beds
4
Baths
3.0
sq ft
2,124

1541 Shadowood Lane, Raleigh, NC 27612

1541 Shadowood Lane

Raleigh, NC 27612

  • 38 days on market
    • Price drop $20,000↓
Don't miss your chance to earn instant equity! Prime location meets timeless charm! This captivating home in the heart of Raleigh offers the perfect mix of classic character and modern convenience. Just 6 minutes (1.9 miles) from Crabtree Valley and 7 minutes (2 miles) from North Hills, you'll be steps away from Raleigh's best shopping and dining. This home blends old-world charm with thoughtful updates. The rich hardwood floors flow throughout the family room and bedrooms, while vintage tile adds a touch of nostalgia in the foyer and baths. The kitchen shines with custom solid alder wood cabinets and sleek stainless steel appliances. With four spacious bedrooms and three full baths—one featuring a clawfoot tub and another with under-cabinet accent lighting—this home exudes warmth and style. The expansive utility room offers endless possibilities, making it ideal for homeschooling, a home business, or whatever suits your lifestyle. The seller is open to upfitting the 458 sqft utility room to give you a whopping 2,634 finished square feet and instant equity with an acceptable offer.

Details

Property type

Single Family Residence

Est. home value

$646,842

Lot size

0.34 acres

Price per sq ft

$271

Year built

1966

Annual property taxes

$4,615.23

Price History

11/12/2024
TriangleMLS

TriangleMLS #10058387

Price change
$575,000
-3.36%
11/06/2024
TriangleMLS

TriangleMLS #10058387

Price change
$595,000
-0.83%
10/15/2024
TriangleMLS

TriangleMLS #10058387

Listed
$600,000

Schools & Community

Neighborhood: 

Six Forks

Elementary school: 

Wake - Brooks

Middle school: 

Wake - Carroll

High school: 

Wake - Sanderson

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$472,500
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$56,500
Cash to seller
$472,500

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Pentagon Fcu

Loan start date

June 2015

Original loan amount

$130,600

Est. remaining balance

$56,500

Interest rate

3.07%

Loan type

New Conventional, 15 year

Seller

Nathan A Marbrey and Dianna D Marbrey

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/22/2024 at 9:40 PM

Listing updated: 11/12/2024 at 11:30 AM

Listed by: Terrence Boykin, KW Realty Platinum Phone #: (919) 275-5597

MLS: TriangleMLS #10058387

TriangleMLS logo

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